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Cable Update (GBPUSD)

  • #473,841
  • Jan 21, 2019 1:59am Jan 21, 2019 1:59am
I'd like for the market to move lower and look for a place to get long today. Then I'd like for the market to rally 150-200 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 82 KB
Look Sharp/Trade Tight
  • #473,842
  • Jan 21, 2019 2:04am Jan 21, 2019 2:04am
Quoting Ill-b-back
{quote} This springs to mind. But I doubt the current rally will go much beyond 1.35 {image}
ok , if spring may be a cause then price should not try 3071/3173 test again & better stay down & further down a little even ok before try bull/ just corrective leg to 1.3471+ when ready only , otherwise they make us dizzy for nothing!! .lets see
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 44 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 41 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,843
  • Jan 21, 2019 3:09am Jan 21, 2019 3:09am
I had a short trade just closed ++ ≧◠‿◠≦✌
Attached Image (click to enlarge)
Click to Enlarge Name: PrintScreen10.JPG Size: 144 KB
  • #473,844
  • Jan 21, 2019 3:34am Jan 21, 2019 3:34am
Cable falling to 1.2805-10 Long(or TP) from there but don't be greedy..it might fall all the way to around 1.2770(Good buy)
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #473,845
  • Jan 21, 2019 3:43am Jan 21, 2019 3:43am
we go any lower, and this thing is gonna start looking like crap....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 85 KB
Look Sharp/Trade Tight
  • #473,846
  • Jan 21, 2019 3:54am Jan 21, 2019 3:54am
Quoting PayTheLimit
we go any lower, and this thing is gonna start looking like crap.... {image}
Break of 30 ish should at least open up retest of 2800, maybe even 2760 area again ... but tough call with US markets closed today.
Fix up, trade sharp ...
  • #473,847
  • Edited 4:29am Jan 21, 2019 3:58am | Edited 4:29am
Quoting PayTheLimit
we go any lower, and this thing is gonna start looking like crap.... {image}
They made crap before with big shadows at 2666/2409 rather close solid and back here as solid thrust up, anyway skammers make try fool the market and market may correct it again! One of the two shadows may take off, so go kill the spike tips to decide again!
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,848
  • Jan 21, 2019 4:17am Jan 21, 2019 4:17am
Quoting Robinhood1
I expect price in the worst case to continue down a few more pips. Profit will be around 300 pips(close to 13200 for me). Good deal.
POSTMASTER
  • #473,849
  • Jan 21, 2019 4:28am Jan 21, 2019 4:28am
Touch and go there for a while but bulls fought hard to hold above 1.2930 maybe thinking they're expecting article 50 extension or maybe it's some technical reason for the jump? The 4hr shows strong support @ 1.2930 but with the second attempt to break thru I really thought it was going to do it....
Almost sold the pound, the hand was hovering but glad I held of....LOL
Don't Leave Money on the Table
  • #473,850
  • Jan 21, 2019 4:36am Jan 21, 2019 4:36am
Everybody and their relatives are long....mmmm
  • #473,851
  • Jan 21, 2019 4:37am Jan 21, 2019 4:37am
Quoting FXGambler10
Everybody and their relatives are long....mmmm
Nope......none of my relatives trade the FX markets.....LOL

I'm long atm but that was a bit of a mistake luckily working out but not good risk management.......bah
Don't Leave Money on the Table
  • #473,852
  • Jan 21, 2019 4:43am Jan 21, 2019 4:43am
Usdx future targeting next major registance. And gu may good supports!
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,853
  • Edited 5:22am Jan 21, 2019 5:00am | Edited 5:22am
Could be the reason why Euro was dragged up of the floor and taking Cable with it, an option expiry for Euro happening during US session, but also just remember there is a holiday in US
Martin Luther King Day.....

https://www.forexlive.com/news/!/eurusd-update-20190121


It might have had something to do with May and Merkel discussing things over some Bratwurst and Earl Gray......
Don't Leave Money on the Table
  • #473,854
  • Jan 21, 2019 5:22am Jan 21, 2019 5:22am
Hello Fellas, what time is May s speach? How many hours from now or it is still not known
  • #473,855
  • Jan 21, 2019 5:26am Jan 21, 2019 5:26am
Bought @ 1.2850 and Sold @ 1.2866

Little scalp but all counts and have another buy in the system
Don't Leave Money on the Table
  • #473,856
  • Jan 21, 2019 5:31am Jan 21, 2019 5:31am
Quoting kazachokings
Hello Fellas, what time is May s speach? How many hours from now or it is still not known
https://www.forexlive.com/news/!/the...30gmt-20190121
Don't Leave Money on the Table
  • #473,857
  • Jan 21, 2019 6:03am Jan 21, 2019 6:03am
GU H4
Target of 1.262xxx IMHO
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmicroH421012019.png Size: 34 KB
We err, and err, and err again, but less.
  • #473,858
  • Jan 21, 2019 7:03am Jan 21, 2019 7:03am
Made 5% profit so I'm done for the day, good luck for the US session even thou their on holidays......hopefully theres a nice spike up on brexit news you can all catch....
I got to hit the sack here in the land of OZ...12 Midnight
Don't Leave Money on the Table
  • #473,859
  • Edited 8:59am Jan 21, 2019 8:40am | Edited 8:59am
Some Brexit news on the calendar today.

https://www.forexfactory.com/news.php?do=news&id=872286

No trading for me during the NY session due to the MLK holiday.

Just like you would let the beat control your body, then you should also let the trend control your trade. The trend is up and not down.

Inserted Video
Don't Worry Be Happy
  • #473,860
  • Jan 21, 2019 9:32am Jan 21, 2019 9:32am
Quoting HaLBot
{quote} https://www.forexlive.com/news/!/the...30gmt-20190121
Ok, thanks, so she is talking right now. Lets hope she will create panic and sell off
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